OppFi (NYSE:OPFI) Director David Vennettilli Sells 28,485 Shares of Stock

OppFi Inc. (NYSE:OPFI) Director David Vennettilli sold 28,485 shares of the company’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $7.16, for a total transaction of $203,952.60. Following the sale, the director directly owned 154,434 shares of the company’s stock, valued at approximately $1,105,747.44. This trade represents a 15.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

OppFi Price Performance

NYSE:OPFI opened at $7.00 on Friday. The business’s 50-day moving average is $8.87 and its two-hundred day moving average is $8.72. OppFi Inc. has a 12 month low of $6.50 and a 12 month high of $12.45. The firm has a market capitalization of $596.47 million, a PE ratio of 3.70 and a beta of 1.77.

OppFi (NYSE:OPFI) last issued its earnings results on Monday, August 10th. The company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.11). The company had revenue of $86.17 million during the quarter, compared to analysts’ expectations of $155.89 million. OppFi had a return on equity of 30.89% and a net margin of 16.64%.OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. Equities analysts anticipate that OppFi Inc. will post 1.4 EPS for the current year.

Institutional Trading of OppFi

Several institutional investors and hedge funds have recently bought and sold shares of the company. Quarry LP grew its position in shares of OppFi by 669.2% in the 3rd quarter. Quarry LP now owns 3,492 shares of the company’s stock worth $40,000 after acquiring an additional 3,038 shares in the last quarter. Russell Investments Group Ltd. raised its position in shares of OppFi by 217.6% during the 2nd quarter. Russell Investments Group Ltd. now owns 4,681 shares of the company’s stock valued at $65,000 after acquiring an additional 3,207 shares in the last quarter. Moran Wealth Management LLC bought a new position in OppFi during the first quarter worth $84,000. Lazard Asset Management LLC bought a new position in OppFi during the first quarter worth $91,000. Finally, Kemnay Advisory Services Inc. acquired a new position in OppFi in the fourth quarter worth $95,000. Institutional investors and hedge funds own 7.10% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on OPFI. Citizens Jmp decreased their target price on shares of OppFi from $15.00 to $11.00 and set a “market outperform” rating for the company in a research note on Tuesday, August 11th. Wall Street Zen lowered shares of OppFi from a “buy” rating to a “hold” rating in a report on Sunday, August 16th. Weiss Ratings reissued a “hold (c)” rating on shares of OppFi in a research report on Friday, August 7th. Zacks Research lowered OppFi from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 28th. Finally, Citigroup restated a “market outperform” rating on shares of OppFi in a report on Tuesday, August 11th. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $10.25.

About OppFi

OppFi (NYSE: OPFI) is a financial technology company that provides digital lending and credit solutions designed to meet the needs of near-prime consumers in the United States. Through its technology-driven platform, OppFi offers unsecured installment loans under the OppLoans brand, allowing borrowers to access credit online or via mobile devices. The company leverages proprietary data analytics and machine learning models to assess credit risk, streamline underwriting processes and deliver personalized loan products with transparent terms.

Headquartered in Chicago, Illinois, OppFi was founded in 2013 with a mission to increase financial inclusion for underserved and underbanked populations.